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Kanye West Turns Down $2M Offer to Promote Scam Token

Kanye West Turns Down $2M Offer to Promote Scam Token

HappyCoinNewsHappyCoinNews2025/02/09 16:22
By:HappyCoinNews

American rapper Kanye West, who now performs under the stage name Ye, said that he turned down an offer of $2 million to take part in a cryptocurrency scam.

"I was offered $2 million to deceive my community. I said no and stopped working with the person who offered it," West wrote on social media.

The controversial rapper attached a screenshot to his post, showing how the “fake coin” scam was supposed to unfold. The scammers promised West an advance of $750,000 to share information about the cryptocurrency and keep it up to date for 8 hours.

After this time, he will be able to claim that his account was hacked and he did not write anything. 16 hours later, the payment of $1,25 million was made.

Interestingly, the scammers named Coinbase CEO Brian Armstrong as the middleman.

Kanye West Turns Down $2M Offer to Promote Scam Token image 0

Subscribers reacted differently to West's story. Some of them suggested that the American rapper was simply creating hype before the release of his new album. Others suggested that the musician himself launch a digital coin.

Over the past 24 hours on the betting platform polymarket the likelihood that West will launch his own token increased from 30% to 46%.

EN @happycoinnews
EN @happycoinnews_en
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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